1516 W 11th Pl, Los Angeles, CA 90015
1516 W 11th Pl, Los Angeles, CA 90015
1516 W 11th Pl, Los Angeles, CA 90015
12
See all 12 photos
$885,000
Est. payment /mo
Save
9 Beds
5 Baths
3,700 SqFt
Price Dropped by $14K

1516 W 11th Pl Los Angeles, CA 90015

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Samantha Waring

Samantha Waring

+1(702) 639-7484

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $239

MLS Listing ID 26651923

Style Craftsman

Bedrooms 9

Construction Status Updated/Remodeled, Fixer

Year Built 1912

Lot Size 6,253 Sqft

Acres 0.1435

Property Sub-Type Multi-Family

Property Description

1516 W 11th Place presents a true value-add investment opportunity in the heart of Los Angeles. This 4-unit property includes one vacant unit and three tenant-occupied units generating immediate in-place income. The vacant unit provides day-one upside through market rent placement or owner-user flexibility. Rent will be increased 3% in March. The remaining occupied units offer additional long-term rental growth potential, subject to local regulations + Rent Control. Ideal for investors looking to implement a strategic repositioning plan and increase overall cash flow. All occupied units will be delivered with tenants in place. Seller does not guarantee delivery of any additional units vacant at close of escrow. Buyer to assume existing tenancies and conduct their own independent investigation regarding occupancy, rent control guidelines, tenant rights, and any relocation or vacancy strategies. Located in a high-demand rental corridor with strong fundamentals and proximity to Downtown LA, Koreatown, major transit routes, employment hubs, and neighborhood amenities. An excellent opportunity for investors seeking income stability with clear upside potential in a core Los Angeles market. Cash for keys may be an option for tenants in place. Buyer to verify.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR4

Rooms

Family Room 1

Other Rooms None

Dining Room 0

Interior

Heating Central

Cooling None

Flooring Hardwood

Fireplaces Type None

Equipment Alarm System, Freezer, Gas Or Electric Dryer Hookup, Microwave

Laundry None

Exterior

Parking Features Driveway, Parking for Guests, Parking for Guests - Onsite, Driveway Gate

Pool None

Waterfront Description None

View Y/N Yes

View Courtyard, City

Building

Story 2

Architectural Style Craftsman

Level or Stories Multi/Split

Construction Status Updated/Remodeled, Fixer

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Nest Seekers

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Samantha Waring, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1516 W 11th Pl